[News Update] Labour Cautions PMB on Economy.... DPR Issues 21 Refinery Licences
Latest Economic Reports
Latest economic reports in the Economic Confidential, the factual, authoritative and accessible economic magazine.
FG sets up N3bn National Research Fund
The Federal Government has set up a N3 billion National Research Fund. Read more: http://econ.ng/1VuO1rH
DPR issues 21 licences for new refineries
Department of Petroleum Resources, DPR, has issued 21 licences to investors to establish new refineries in the country Four investors had earlier been issued licences to construct new plants in the country. Read more: http://econ.ng/1RuRMxr
Economy has Stopped Working, Labour tells Buhari
The organised labour has alerted President Muhammadu Buhari on the current economic woes and urge him to use the opportunity of the planned economic conference to come up with policies that could address them: http://econ.ng/1Mx8Qvf
N1.9trn lost to B'Haram in Borno, says World Bank
A new report from the World Bank, discloses how Borno State lost 20,000 citizens and suffered property damage worth N1.9 trillion in the hands of Boko Haram insurgents. Read more: http://econ.ng/1MiZ70T
Exports Slumped 40% In 2015 Over Fallen Oil Price
Nigerian exports slumped 40.3 per cent last year after a fall in crude prices slashed government's revenues, weakened the currency and caused the economy to grow at its slowest pace in decades, the National Bureau of Statistics (NBS) has said. Read: http://econ.ng/1S0oJMr
Tough economic choices await MPC today
The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, meets today and tomorrow. Since the last meeting of the MPC, all the variables and figures following their last decisions have turned negative and increasingly adverse. Read more: http://econ.ng/1Ruynws
Nigeria may lose N200b to pipeline disruption
While Shell Petroleum Development Corporation (SPDC) works towards the rehabilitation of the Forcados Export Terminal pipeline damaged by vandals, Nigeria would have lost about 25 million barrels of crude oil before it's repaired. Read more: http://econ.ng/22rGoYr
Nigerian interbank rates rise to 5.3%
The interbank lending rates- Open Buy-Back (OBB) and overnight trended upward throughout last week, closing 4.8 per cent and 5.3 per cent respectively at the weekend. Read more: http://econ.ng/1ZjjBIL
Nigeria exports 328,897mbs of crude in four years
Nigerian Extractive Industrial Transparency Initiative (NEITI) said the Federal Government has exported 328, 897 million barrels of crude oil in the last four years. Read more: http://econ.ng/1UIY7Et
Budget 2016: NASS uncovers fresh N500bn 'padding'
THE National Assembly Budget Office has discovered fresh padding of over N500 billion contained in the budgetary proposals for ministries, departments and agencies (MDAs) in the 2016 budget. Read More: http://econ.ng/1Pml7CE
With $24.547m, Zenith Bank Records Highest Forex Allocation from CBN
For the second time since banks started publishing their returns on foreign exchange (forex) utilisation purchased from the Central Bank of Nigeria (CBN), Zenith Bank Plc got the highest allocation. Read more: http://econ.ng/1XHbZON
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Posted by: Economic Confidential <editor@economicconfidential.com>
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posted by Economic Confidential at 7:03 AM
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